The Nigerian Senate has confirmed the nomination of Dr. Bala Bello as the part-time Chairman of the Asset Management Corporation of Nigeria (AMCON), amid push to recover N4 trillion in debt.
Alongside Dr. Bello, who is representing the North-East, five other nominees were approved for appointment as Non-Executive Directors of AMCON during Wednesday’s plenary.
The confirmation followed the presentation and adoption of the report by the Senate Committee on Banking, Insurance, and Other Financial Institutions.
The confirmed Non-Executive Directors include Yusuf Sule (North-Central), Adeyemo Stephen (South-West), Yahaya Ibrahim (North-West), Odion Iyare (South-South), and Emily Osuji (South-East).
Presenting the committee’s report, Senator Osita Izunaso (APC-Imo) recommended the nominees for confirmation, citing their robust qualifications, professional experience, and clean records.
“There was no petition against the nominees, and they were cleared by security agencies, including the Police and the Department of State Services (DSS),” Izunaso stated.
Senate President Godswill Akpabio commended the committee for its thorough screening process and expressed optimism about the new leadership.
“We hope the new managers of AMCON will bring renewed vigour to the discharge of their duties,” Akpabio remarked.
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